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Business  |  Magnolia Tribune  • 
December 13, 2022

Final NFIB Optimism Index of the Year: Slight Improvement, but Inflation Remains a Challenge

Inflation remains the top business problem for small business owners. Inflation continues to impact business owners with 32% of owners reporting it as their single most important problem in operating their business, five points lower than July’s highest reading since the fourth quarter of 1979. The Small Business Optimism Index rose 0.6 points in November…
Business  |  Frank Corder  • 
December 13, 2022

Consumer prices remain high as inflation slows

The Consumer Price Index rose by 0.1% in November as prices increased 7.1%, the smallest 12-month increase since December 2021. The inflation rate for November 2022 was below expectations, suggesting that consumer prices may be starting to fall in the U.S. According to the Bureau of Labor Statistics (BLS) Consumer Price Index report released on…